DM if you want me send you pics of your properties I know how that feels .  

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

Feel free to reach out if you have any questions/to discuss further.

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Sure it does. but depending on who the celebrity is/was.....That's why so many little hotels, boarding houses, vacation rentals, etc..... feature this in their advertising.And in some cases, you will not get more money, but you will get more guests.A little while ago, I went to Tombstone AZ and stayed in 'The first boarding house in Tombstone'....really cool place but kinda small and, well....old feeling.

A lot of the basis of my position on this can be described as “gut feel”.  

Feel free to ask anything, anytime.Cheers!

Feel free to reach out if you have any questions about the local market here or want to connect! 

If not, feel free to reach out. 

Feel free to DM me to discuss my experience as an investor or lender.Jeff